Mega Millions in Iowa
- Next draw
- …
- 10:00 PM CT in Iowa
- Estimated jackpot
- $321 million
- Cash value $131.1 million
- Price
- $5 per play, multiplier included
- Jackpot odds 1 in 290,472,336
Latest numbers · Tuesday, September 29, 2026
- 10
- 15
- 16
- 27
- 64
- 23
What the jackpot is worth in Iowa
Iowa taxes lottery prizes at 3.8%. With the current $321 million estimate, taking the $131.1 million cash option leaves about $77,661,200 after federal and state taxes. With the annuity, the first payment comes to about $2,910,254 after taxes, and all 30 payments add up to about $191,531,992.
Try your own numbers in the tax and payout calculator.
Buying Mega Millions tickets in Iowa
Mega Millions tickets are sold at licensed retailers across Iowa.
- Ticket sales end at 8:59 p.m. on draw nights.
- Players must be 21 or older.
Claiming a Mega Millions prize in Iowa
- Smaller prizes, up to $600, can be claimed at Iowa lottery retailers.
- Prizes over $600 up to $250,000 can be claimed at any Iowa Lottery office (Clive, Storm Lake, Mason City or Cedar Rapids) or by mail. Prizes over $250,000 are claimed in person at the main office in Clive.
- Claim deadline: Within 180 days of the drawing in which they were won.
- Iowa law keeps prize winners' names and addresses public, so big winners can't stay anonymous.
Details on the official Iowa lottery site.
Questions about Mega Millions in Iowa
What time is the Mega Millions drawing in Iowa?
Mega Millions is drawn Tuesday and Friday at 11 p.m. Eastern, which is 10:00 PM CT in Iowa.
Can you buy Mega Millions tickets online in Iowa?
Mega Millions tickets are sold at licensed retailers across Iowa.
How much tax do you pay on Mega Millions winnings in Iowa?
Prizes over $5,000 have 24% federal tax withheld, and large prizes can owe up to 37% federal tax in total. Iowa taxes lottery prizes at 3.8%. On the current estimated jackpot, the lump sum comes to about $77,661,200 after taxes.
How long do you have to claim a Mega Millions prize in Iowa?
Iowa's claim deadline: Within 180 days of the drawing in which they were won.
How old do you have to be to play Mega Millions in Iowa?
You must be at least 21 to buy lottery tickets in Iowa.
Powerball in Iowa · Iowa online lottery rules
Sources: Iowa Lottery: How to claim a prize · Iowa Lottery: Claiming prizes FAQs · Iowa Lottery: Legal - Age · Iowa Lottery: Buying tickets FAQs · Iowa Code 99G.34 (open records)